Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$528M |
| 2 |
Boeing
BA
|
+$375M |
| 3 |
GE Aerospace
GE
|
+$346M |
| 4 |
Intel
INTC
|
+$340M |
| 5 |
Union Pacific
UNP
|
+$281M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$695M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$639M |
| 3 |
Booking.com
BKNG
|
+$333M |
| 4 |
Bank of America
BAC
|
+$194M |
| 5 |
NVIDIA
NVDA
|
+$189M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.64% |
| 2 | Consumer Discretionary | 0.99% |
| 3 | Communication Services | 0.98% |
| 4 | Healthcare | 0.9% |
| 5 | Industrials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PUT
Caterpillar
CAT
$381B
| $303M | 0.11% |
1,921,800
-384,900
| -17% | -$53.4M |
|
152
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $303M | 0.11% |
876,600
-56,300
| -6% | -$19M |
|
153
CALL
AutoZone
AZO
$48.3B
| $299M | 0.11% |
421,000
-42,900
| -9% | -$27.4M |
|
|
AABA
154
PUT
DELISTED
Altaba Inc
AABA
| $299M | 0.11% |
4,283,800
-799,800
| -16% | -$55.7M |
|
155
PUT
McDonald's
MCD
$192B
| $298M | 0.11% |
1,732,600
-1,120,200
| -39% | -$188M |
|
|
TWX
156
PUT
DELISTED
Time Warner Inc
TWX
| $297M | 0.1% |
3,251,700
+20,500
| +0.6% | +$1.94M |
|
157
PUT
Amgen
AMGN
$238B
| $297M | 0.1% |
1,710,000
+55,600
| +3% | +$9.84M |
|
158
CALL
AbbVie
ABBV
$468B
| $294M | 0.1% |
3,038,400
-236,700
| -7% | -$22.3M |
|
|
EA
159
CALL
DELISTED
Electronic Arts
EA
| $292M | 0.1% |
2,777,600
+2,054,200
| +284% | +$228M |
|
160
PUT
3M
MMM
$92.3B
| $291M | 0.1% |
1,480,409
-759,221
| -34% | -$146M |
|
161
PUT
Ford
F
$57.5B
| $291M | 0.1% |
23,303,400
-1,166,800
| -5% | -$14.4M |
|
162
CALL
Intuitive Surgical
ISRG
$134B
| $291M | 0.1% |
2,389,500
+43,200
| +2% | +$5.41M |
|
163
PUT
Salesforce
CRM
$171B
| $290M | 0.1% |
2,840,100
+341,800
| +14% | +$34.8M |
|
164
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $287M | 0.1% |
12,356,100
-60,600
| -0.5% | -$1.38M |
|
165
PUT
Chevron
CVX
$403B
| $286M | 0.1% |
2,283,800
-528,000
| -19% | -$62.6M |
|
166
PUT
FedEx
FDX
$76.9B
| $286M | 0.1% |
1,145,000
+182,900
| +19% | +$41.8M |
|
167
CALL
Eli Lilly
LLY
$1.12T
| $285M | 0.1% |
3,372,900
+1,799,300
| +114% | +$153M |
|
168
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $284M | 0.1% |
2,661,600
+217,500
| +9% | +$23.2M |
|
169
CALL
Comcast
CMCSA
$95.3B
| $280M | 0.1% |
6,981,500
+540,100
| +8% | +$20.3M |
|
170
CALL
PayPal
PYPL
$52.7B
| $278M | 0.1% |
3,782,700
+772,700
| +26% | +$55.9M |
|
171
PUT
Freeport-McMoran
FCX
$110B
| $278M | 0.1% |
14,658,100
+178,200
| +1% | +$2.69M |
|
|
172
CALL
Caterpillar
CAT
$381B
| $276M | 0.1% |
1,750,500
-42,600
| -2% | -$5.91M |
|
173
PUT
Verizon
VZ
$205B
| $275M | 0.1% |
5,153,600
-1,100,100
| -18% | -$54.1M |
|
|
WBA
174
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $274M | 0.1% |
3,777,400
+2,369,100
| +168% | +$167M |
|
|
AGN
175
DELISTED
Allergan plc
AGN
| $273M | 0.1% |
1,670,959
+647,713
| +63% | +$116M |
|
Similar funds
Jeff Yass's Q4 2017 Portfolio in Review
As of Q4 2017, Jeff Yass held 10,541 positions worth $283B, up 9.5% from $259B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q4 2017 filing shows 1,808 new, 3,387 increased, 3,810 reduced and 1,384 closed positions. Its largest new stake was Union Pacific: 2,326,570 shares worth $312M. The largest sale was Amazon, an estimated $695M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jeff Yass's largest Q4 2017 buy was Union Pacific: 2,326,570 shares worth $312M.
- Jeff Yass added most to Apple in Q4 2017, an estimated $528M increase.
- Jeff Yass's biggest Q4 2017 reduction was Amazon, cutting an estimated $695M.
- Jeff Yass fully exited iShares iBoxx $ Investment Grade Corporate Bond ETF in Q4 2017, selling an estimated $639M.
- Jeff Yass's ten largest holdings make up 23% of its $283B portfolio in Q4 2017.
- Jeff Yass opened 1,808 new positions and closed 1,384 in Q4 2017.
- Jeff Yass's portfolio value rose 9.5% quarter-over-quarter to $283B.
Based on Susquehanna International Group's 13F filing for Q4 2017, filed 14 Feb 2018.